tomo logo

$749,000

Beds
5
Baths
5.0
sq ft
5,714

8303 Lanham Ln, Houston, TX 77075

8303 Lanham Ln

Houston, TX 77075

  • 176 days on market
    • Price drop $50,000↓
Nestled on THREE Corner Lots, this 5,714 Sq. Ft. custom home offers plenty of space for entertaining and an abundance of privacy. A rare opportunity to find a magnificent expansive home near Hobby Airport. This traditional style home boasts the resort lifestyle with array of amenities, including Cathedral Ceilings, Crown Molding with extreme Millwork, Abundance of Natural Light illuminating the stunning hardwood floors. First floor luxurious primary bedroom suite with spectacular view to the back yard pool and garden. The mature trees produce oranges, lemon, limes and Japanese loquat. Swimming Pool leads to a second dwelling with beautiful travertine flooring, great for additional home rental income, mother-in-law quarters, office, game room or party room. With over three quarters of an acre there is still room to build an additional home.

Details

Property type

Single Family Residence

Est. home value

$994,648

Lot size

0.67 acres

Price per sq ft

$132

Year built

1993

Annual property taxes

$13,079

Price History

10/04/2024
Houston

Houston #36576747

Price change
$749,000
-6.26%
08/22/2024
Houston

Houston #36576747

Price change
$799,000
-5.89%
06/29/2024
Houston

Houston #36576747

Listed
$849,000

Schools & Community

Neighborhood: 

Greater Hobby Area

Elementary school: 

DEANDA ELEMENTARY SCHOOL

Middle school: 

THOMAS MIDDLE SCHOOL

High school: 

STERLING HIGH SCHOOL (HOUSTON)

School district: 

Houston

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$687,943
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$1,137
Cash to seller
$687,943

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Houston Police Federal Credit Union

Loan start date

February 2010

Original loan amount

$75,000

Est. remaining balance

$1,137

Interest rate

4.45%

Loan type

Not Provided, 15 year

Seller

Primitivo Lopez and Mary Lopez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Houston
$775,000
4 bd
|
4.5 ba
|
3,060 sq ft
|
House

6009 Wenlock Dr, Houston, TX 77048

Price drop
Houston
$825,000
3 bd
|
1.5 ba
|
1,703 sq ft
|
House

8713 Wayfarer Ln, Houston, TX 77075

New
Houston
$737,000
4 bd
|
3.5 ba
|
4,316 sq ft
|
House

2806 Tremont Springs Ln, Houston, TX 77089

Status: Active

Tomo last checked: 12/22/2024 at 10:50 AM

Listing updated: 10/05/2024 at 4:02 AM

Listed by: Mary Lopez, Lone Star Realty Phone #: (832) 877-6946

MLS: Houston #36576747

Houston logo

Recently listed in Houston

$250,000|4 bd|2.0 ba|House
$245,500|3 bd|2.0 ba|Townhouse
$160,000|3 bd|1.0 ba|House
$612,500|4 bd|2.0 ba|House
$235,000|3 bd|2.0 ba|House
$1,999,999|4 bd|5.5 ba|House